Nearly seven million adults over the age of 65 have “been taken advantage of” financially, according survey conducted by Public Policy Polling for the Investor Protection Trust.
Clearly, fraud is widespread and the first step in protecting yourself against these scams is to become aware of the red flags of typical scams. Here are some of the most common scams to steer clear of:
- Political. Someone calls, says they’re working on behalf of a political party, candidate or political cause. They ask for support through a donation.
- Fake winner. People receive a call saying they’ve won (some kind of lottery, raffle etc.). All you must do is pay the insurance or claims fee, before winnings can be sent.
- IRS. A call or telephone message states you owe back taxes; if not paid immediately; they threaten to take legal action.
- Charity. A caller will impersonate a charity to take advantage of people’s inclination to trust and help.
- Unpaid parking tickets. Scammers will pretend to be from the local sheriff’s office, claiming you have unpaid parking tickets. They ask for immediate payment.
A good rule of thumb is to never provide financial information to anyone you do not know, especially over the phone or over the Internet. Even if you feel confident about providing payment, get another opinion before submitting credit card information and always go with your gut instinct.
Inter Valley Health Plan hosts classes regularly on health and vitality. For a full list of classes in your area, please visit https://www.ivhp.com/forhealthandliving
Article From Inter Valley Health Plan